AI is closer than we know

Christoffer O. Hernæs Crunch Network Contributor Christoffer O. Hernæs is vice president of Strategy, Innovation and Analysis at Sparebank 1 Group, Norway’s second-largest financial institution. More posts by this contributor: Are payments necessary? Banks Should Prepare For The Internet Of Things How to join the networkArtificial intelligence is one of the hottest subjects these days, and recent advances in technology make AI even closer to reality than most of us can imagine. The subject really got traction when Stephen Hawking, Elon Musk and more than 1,000 AI and robotics researchers signed an open letter issuing a warning regarding the use of AI in weapons development last year. The following month, BAE Systems unveiled Taranis, the most advanced autonomous UAV ever created; there are currently 40 countries working on the deployment of AI in…